Crypto Ocean

2023-04-24 14:00:21 Where is a safe place to buy my first crypto?

If you want to use a reliable CEX, we suggest going to CoinMarketCap or CoinGecko to check crypto exchange ratings.

Naturally, you’ll want to select an exchange with a high rating. Keep in mind that every exchange has different pros and cons — e.g., transaction fees, listed coins, staking, swapping, etc. (remember to DYOR)

However, if you’re looking for a reliable exchange, you can count on the rating systems of these two sites

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2023-04-23 21:02:01 Useful AI Tools

Now you know what to use to solve your problems

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2023-04-23 21:01:06 Nodes: how to make money on it and how does it work?
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In this post, we will dive into the topic of nodes and break down what blockchain needs them for.

Blockchain nodes are the members of a decentralized network that build its internal infrastructure.

In simpler terms, a node is a device (PC, laptop, server) on which the software of a particular blockchain runs.

The main functions of a node are:
• Store and distribute transaction information between nodes.
• Control the execution of network rules.
• Maintain distributed registries that store transaction information.

What it takes to set up a node:
• Find a project with an upcoming paid testnet. Preferably, this should be accompanied by good fundraising;
• A server with uninterrupted internet and electricity;
• Have a minimum knowledge of how to install a node, update it and test it. Most often, nodes for a particular project is installed by a special guide (either from the project, or from other people who have made a more convenient guide for everyone).

It is important to understand that maintaining a node is quite a long process. At times, testing takes more than 12 months. That's why we use third-party servers for our work.

Case studies of past nodes:
• Solana, Avax, Near, Mina - each project gave away over $100k to early adopters.
• Moonbeam, Juno, Osmo - gave away over $40k.
All award figures are per account. For example, if you held 5 nodes from pro Moonbeam, you could get over $200K.

However, it's not all so rosy. Many projects bring in pennies, and some don't even make it to the mainnet. That's why a careful DYOR is always important.

Do you have experience with nodes?

- Yes
- No

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2023-04-23 20:02:05 #Islamiccoin’s mission is to empower the followers of Islam with a robust and future-proof financial instrument. If 3-4% of the Muslim online community will hold Islamic Coin, it will become a bitcoin-scale crypto asset! Join the $ISLM mission 

Islamic Coin has a finite total supply and 10% of each issuance is automatically dedicated for philanthropic purposes.

Onboarding 1.8 Billion Muslims worldwide. Follow us on Twitter!

$ISLM is led and guided by a Royal Advisory Board, creating the world’s first Shariah-compliant and ethics-first digital currency

Islamic Coin – the world’s first Shariah-compliant digital currency that actually gives back to the world

Dubai Ruling Family member, His Highness Sheikh Juma bin Maktoum Al Maktoum joins #Islamiccoin

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2023-04-23 15:30:00 How do different types of stablecoins work?
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Earlier in this post, I already dealt with the topic of stabelcoins. Butw there is another important thing we want to tell you about, and that is the types of Stablecoins.

Just in case, let us remind you that Stablecoins are cryptocurrencies with a stable price, which is not subject to volatility and remains unchanged.

There are three types of stablecoins in particular:

Secured by fiat currencies (fiat-collateralized)

In this approach, each steblycoin coin is tied to one unit of fiat currency - USDC, Tether (USDT), TrueUSD (TUSD), Binance USD (BUSD);

Secured by cryptocurrencies (crypto-collateralized)

Stablecoin creator creates a reserve in collateralized cryptocurrency, the estimated value of which exceeds the value of the stablecoin. Even if the market experiences a significant drop in the price of the cryptocurrency with which the stabelcoin is collateralized, the latter will retain its value due to overcollateralization - DAI;

Non-collateralized

They are based on such an economic process as senorage. In simple words: if the value of one stabelcoin exceeds $1, the supply increases (i.e. new coins are issued), and when the value is less than $1, the supply decreases (i.e. coins are "burned") - Basecoin, Carbon, Havven.

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2023-04-23 10:33:50 Top 10 crypto projects with the highest recent valuation

1. LayerZero with a valuation of $3 billion.
2. Scroll, valued at $1.8 billion.
3. Ledger - $1.40 billion.

Have you heard of these projects before ?

Yes -
No -

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2023-04-22 22:01:12 Everyone chooses bitcoin

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2023-04-22 15:36:01 What is the Spot Market?
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To understand it, let's give a simple example. There used to be people walking the streets who always had cash with them. They walked around looking for clients to whom they could offer their cash at a good rate. Well, they do buy/sell transactions "on the spot".

You give a euro, get a dollar in your hand and go home to hide it under your mattress. That is, the payment is made instantly, in real money. This is the spot market, the place where financial instruments are traded with "immediate delivery.

There are other markets where it's not so simple and not so immediate. For example, in the futures market, assets are delivered on a certain date in the future (when the futures contract expires). This is derivative trading, not actual money in the account.

In crypto on the spot market, you are free to exchange some coins for others. For example, if you need ETH and you have USDT to buy, you simply go to the ETH/USDT spot market and make a trade.

Spot trading is one of the easiest ways to trade cryptocurrencies. Buy bottom during a bear market and then sell in a bull market. The main thing is patience and the right choice of an asset to buy.

Do you trade cryptocurrencies on the spot market?

Yes -
No -

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2023-04-22 12:41:00 Telegram users can now buy, withdraw, and make P2P transactions with Bitcoin via the wallet interface on web.

Toncoin (TON) has a positive reaction after the news

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2023-04-21 19:52:01 Elon Musk's Tesla hodls 9,720 bitcoin on their balance sheet for another quarter

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